Employers must deposit funds into the employee’s EPFO by the 15th of the following month, in which the salary is credited.
Instead of investing the entire bonus amount in a single asset, allocate it across different asset classes like shares, bonds, real estate, and gold
Due to rising inflation, it may be difficult for senior citizens to survive only on pension income. There are some measures through which you can arra
The provident fund is one of the earliest social safety organisation for workers of the organised sector in the country and was set up in March 1952
The present environment for investment in the Indian market seems to be the best in the world
The EPFO has divided PF accounts into two categories – active and inactive. Those accounts where regular contributions are made fall under the activ
After retirement, the employees gets the PF money. This account holder also gets life insurance cover up to Rs 7 lakh and that too absolutely free of
PF is deducted from the salary of the employed by the employer (private, public or government). This amount is deposited every month in the name of th
As updation of employees record is a continuous process and gets updated in subsequent months, the data is provisional
Though employers have to maintain more PF records of their employees, it would translate into higher revenues for the government.